BNB Chain Unveils 2024 Roadmap for DeFi, Gaming, and AI Mass Adoption

by Jan 31, 2024CryptoNews0 comments

BNB Chain, a community-driven blockchain ecosystem, has unveiled BNB Chain’s 2024 Roadmap, focusing on optimizing performance and targeting specific decentralized applications (DApps) for mass adoption. These applications include decentralized finance (DeFi), gaming, and artificial intelligence (AI). To support DApps with high daily active users, BNB Chain aims to evolve its layer-2 scaling solution, opBNB, into opBNB Connect. This upgrade will reduce gas fees by up to 10x and double gas limits to accommodate 10,000 transactions per second (TPS). Additionally, BNB Chain plans to introduce the “One BNB” interconnectivity concept, which aims to unify the BNB Smart Chain (BSC), opBNB, and Greenfield, facilitating the shift of applications to fully on-chain Web3 frameworks.

In 2024, BNB Chain intends to upgrade Greenfield by introducing Greenfield Executable, enhancing data processing efficiency and reducing costs. The ecosystem will also improve middleware infrastructure, including the bundle service and data availability layer, to effectively handle data processing demands. BNB Chain will launch BNB Greenfield 2.0, which will improve storage performance, introduce new features for developers, and establish specialized data infrastructure for AI, on-chain gaming, and decentralized social platforms (DeSoc). The core development team representative of BNB Chain believes that targeting specific applications, such as high-frequency DeFi, fully on-chain games, AI, and DeSoc, will act as catalysts for the mass adoption of blockchain technology.

The 2024 roadmap also emphasizes plans to increase the number of active validators from 40 to 100 and merge the Beacon Chain to enhance blockchain efficiency and speed up decentralization. BNB Chain aims to optimize state and storage by introducing the optimized path-based state scheme and gradually implementing Parallel EVM 3.0 across full nodes and validators. These efforts are part of BNB Chain’s commitment to driving mass blockchain adoption.

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In 2023, BSC experienced significant growth, with the gas limit reaching 140 million, making it the largest among Ethereum Virtual Machine (EVM)-compatible networks. OpBNB became the most active layer-2 solution, achieving an all-time high of 71 million transactions per day, 4,500 TPS, and gas fees of $0.001. With the ongoing recovery of BNB (BNB) token, backed by increasing network activity, BNB Chain is poised for further development and expansion in 2024.

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